As an example, the report uses the ASEAN region and its corridors, comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, which operates across a diverse set of 10 currencies and contributes 7% of global cross-border trade. Source link … [Read more...] about JPMorgan Report Says CBDCs Can Save Firms $100B a Year in Cross-Border Costs
100B
DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B
Decentralized finance (DeFi) was one of the driving forces behind this year's surge in the cryptocurrency market as projects like Yearn.finance (YFI), Aave (AAVE) and Uniswap (UNI) quickly climbed to ‘blue-chip unicorn’ status and older protocols like Maker (MKR) and Compound (COMP) saw their prices skyrocket to new record highs. But as the old saying goes, “markets take the … [Read more...] about DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B